Two Philippine banks receive approval to operate Islamic banking window
Two Philippine-based banks have received approval to operate an Islamic banking window to broaden the scope of financial solutions offered to Muslims.
The Bangko Sentral ng Pilipinas (BSP) has approved the application of two banks, Maybank Philippines being one of them, local news agency BusinessMirror reported.
The two lenders will have an Islamic banking window where it could be a dedicated branch offering Islamic banking products and services.
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